Malaysia Dual Financial Centres
A unique combination of onshore and midshore jurisdictions for foreign funds
Malaysia's Dual-Shore System utilizes the comparative advantages of both the KL Golden Triangle and the Labuan International Business & Financial Centre (Labuan IBFC).
KL is fully integrated into Malaysian economy and offers world-class infrastructure as an operational hub for foreign funds and companies. Meanwhile, Labuan IBFC boasts a free market economy, and a regulatory system that is firmly grounded in international practice.Â
The complementary nature of both centres offers a unique value proposition to foreign funds and support the further development of the country’s financial infrastructure.
KL Golden Triangle (Onshore)
Strategically positioned as a regional hub for business operations
World-class infrastructure and amenities for companies and foreign talents
Standard corporate tax rate (24%)
Possible capital controls by BNM
Network of Double Tax Agreements
Labuan IBFC (Midshore)
Well positioned as the regional hub for foreign capital and digital assets
3% corporate tax rate
No capital/exchange controls on non-RM transactions by LFSA
100% foreign ownership
No withholding tax on payments to non-residents
May not have access to Malaysia’s tax treaties
Ideal for private wealth management (no estate, inheritance tax, structures)